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Polarcus vision is to be a pioneer in an industry where the frontiers of seismic exploration are responsibly expanded without harm to our world.

Change to Polarcus Board of Directors

by polarcus
on 22-Nov-17 08:30

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces that Dr. Henrik Madsen has for personal reasons resigned from the Company's board of directors with effect from 21 November 2017. Chairman, Mr. Peter Rigg said:

"Henrik's background and experience had been with large and complex organizations, and he has played an important role in devising the strategy to enable Polarcus to succeed in an extremely difficult seismic market. We are very grateful to him for his contribution."

The Company's Nomination Committee has been informed and will make recommendations to shareholders in due course concerning the size and composition of the Board for the future.